Gerber in MCX
MCX is owned and partially occupied by MCX Systems, an IT consultancy. The five-storey, A-class building was completed in 2003. King Sturge represented the landlord in the deal.
London remains most expensive industrial location
London's Heathrow area has retained its position as the most expensive industrial location in the world, according to the latest edition of Business Space Across the World, published by Cushman & Wakefield Healey & Baker.
Meanwhile, Poland has remained as 28th in the ranking for the second year in a row, with occupancy costs at E66 per sqm per year as of December last year.
The cost of occupying one sqm of industrial space reached E236 in the Heathrow area, a favored site for logistics and distribution companies given its proximity to the Heathrow airport. In second place comes Dublin, which on the back of rental increases of nine percent, has outran Moscow, while Paris has moved into fourth place, as rents increased by seven percent.
Since joining the European Union, Czech Republic, Hungary, Poland and Slovakia have emerged as a key region for the expansion of logistics and distribution companies as well as manufacturers.
"The growing demand for industrial space has resulted in the new supply growth of about 100 percent year-on-year over the past three years," says Ferdinand Hlobil, head of Central European Industrial for Cushman & Wakefield Healey & Baker. "A fall in rents has been balanced by a fall in yields, which in turn has supported further development activity, but despite the growing supply of prime space the vacancy rate is still low."
London remains most expensive industrial location
London's Heathrow area has retained its position as the most expensive industrial location in the world, according to the latest edition of Business Space Across the World, published by Cushman & Wakefield Healey & Baker.
Meanwhile, Poland has remained as 28th in the ranking for the second year in a row, with occupancy costs at E66 per sqm per year as of December last year.
The cost of occupying one sqm of industrial space reached E236 in the Heathrow area, a favored site for logistics and distribution companies given its proximity to the Heathrow airport. In second place comes Dublin, which on the back of rental increases of nine percent, has outran Moscow, while Paris has moved into fourth place, as rents increased by seven percent.
Since joining the European Union, Czech Republic, Hungary, Poland and Slovakia have emerged as a key region for the expansion of logistics and distribution companies as well as manufacturers.
"The growing demand for industrial space has resulted in the new supply growth of about 100 percent year-on-year over the past three years," says Ferdinand Hlobil, head of Central European Industrial for Cushman & Wakefield Healey & Baker. "A fall in rents has been balanced by a fall in yields, which in turn has supported further development activity, but despite the growing supply of prime space the vacancy rate is still low."
